It is very important to find IFSC code MDBK0000016 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify MDBK0000016 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
MDBK0000016 is the IFSC Code for Malad branch of Model Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Model Bank account. The address of Malad branch is Casa angelica bldg.dominic colony,tank road,orlem,malad west,mumbai 400064, which is located in Mumbai District of Maharashtra State.
In Model Cooperative Bank Ltd IFSC Code, the first 4 characters (MDBK) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (000016) represent the Model Co Op Bank Ltd branch code.
*The IFSC Code information presented above is for reference only. Please verify IFSC Code MDBK0000016 details before initiating any transaction!